Euroview: The Dollar Is Still a Safe Haven

After weeks of wobbling over the U.S. debt ceiling talks, the dollar has stabilized, suggesting it is still the world's number one reserve currency after all.

This transcript has been automatically generated and may not be 100% accurate.

... the looks like it's still a safe haven of ... Austral ... the Binqing tip Don't so the last few weeks as U S debt ceiling negotiations intensified in the dollar has come under selling pressure ... on whether the U S currency is now facing some sort of collapse ... but even though calm was still seems often reaching a debt deal ... until the second deadline still looms ... selling pressure on the dollar actually seems to have subsided ... on the currency's ascent benefited in recent weeks from the dollar's Mobile's ... The and this was from the Australian dollar and even those who use Quanta ... of all had the runs as investors sought refuge ... from the US ... how about none of these kinds is all these markets can offer the size of liquidity levels that the dollar and US Treasuries can ... also ... despite the continued tensions in Washington there was growing confidence that compromised the compromise will still be reached ... to prevent us from having to declare a default ... thus could downgrade for the US loses triple A credit rating still remains high ... this house is not that this has ... actually already been discounted by the U S markets it ... is the case it looks ... like despite the continued shift ... to low risk assets ... the dollar is the place investors would still prefer to be ... the world's largest reserve currency ... the dollar ... is still Number one ... this is the casings of DowJones use was ... in London ...